secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0000899051-25-000012
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate reports $1.08B January catastrophe losses; $1.07B from California wildfires
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- Estimated January catastrophe losses of $1.08B pre-tax ($849M after-tax).
- California wildfires contributed ~$1.07B; net of $1.40B reinsurance recoveries.
- Auto policies in force down 1.3% YoY to 24.835M; homeowners up 2.5% to 7.521M.
- Total policies in force fell 0.5% YoY to 37.426M; commercial lines dropped 27.1% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905125000012/0000899051-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905125000012/all-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000899051-25-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer